1. On securities markets a warrant is an instrument ( instruments) issued by a company giving the holder the right to subscribe for new shares in the company at an agreed price (the strike price or exercise price) on an agreed date or range of dates. Dresdner Kleinwort Wasserstein financial glossary
2. A term used on the LME, this is a certificate which evidences the possession of metal in an LME warehouse. When the short side of a futures contract effects delivery according to his contractual obligations, he delivers the warrants representing the amount of metal he is required to deliver to the long side of the contract, and not the actual physical metal itself, which remains in the LME approved warehouse it is stored in. Dresdner Kleinwort Wasserstein financial glossary
3. The cheque paying interest on gilts or National Savings products such as premium bonds. Dresdner Kleinwort Wasserstein financial glossary
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Financial instruments that permit the holder to purchase a specified amount of a financial instrument, commodity, currency or other during a specified period at a specified price. Euroclear Clearing and Settlement glossary
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Warrants are risky investments which give the holder the right to buy a given number of shares in a company at a fixed price at some future date, this date is usually several years ahead. A warrant is a right and not an obligation to buy. Warrants are often issued with a new share issue.
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Securities giving the holder a right to subscribe to a share or a bond at a given price and from a certain date. London Stock Exchange Glossary
Financial and business terms. 2012.